Bahrain firm starts fund management services

Manama, March 10, 2013

Fakhro Karvy Computershare (FKC), a pioneer in registrar and transfer agency services in Bahrain, has announced the launch of its fund administration services along with a plethora of other new innovative financial solutions.

This is yet another feather in the cap of the biggest registrar and transfer agent of Bahrain, reported the Gulf Daily News, our sister publication.

"With this move, FKC is now capable of handling complete end-to-end back-office activities for AMCs, insurance companies and portfolio management companies," said KPMG Fakhro managing partner Jamal Fakhro at the launch at the Capital Club.

"This means that our clients can now outsource their complete fund administration and back office services to us. We have been the market leaders for corporate registry in Bahrain for the last few decades. With the introduction of fund administration services, we are now taking the next step towards providing a 360 degree integrated solution."

FKC chief executive V Ganesh said this particular solution is a reiteration of its commitment to offer unparalleled, world-class services with a singular focus on customer satisfaction.

"Fund administration is one of the many technologically advanced services that we are currently offering to our clients," explained Ganesh.

"We have even added portfolio management services and private wealth management services to our bouquet in our effort to provide a full suite of offerings to the BFSI segment. Our offerings include multi-currency and multi-asset-class support," he added.

FKC has been the pioneer in registrar and transfer agency services, and as such, has brought in various technological enhancements to serve clients through a technologically advanced and seamless process.

The new service offers new features that would include Karisma, completely web-based, multi-stakeholder tool to cater to investors, corporates and merchant bankers. It has unparalleled business intelligence to track shareholder movements.-TradeArabia News Service